Property Type: Detached HouseOwnership: Freehold

7487 Forest Turn Way

Lantzville, BC V0R2H0

$799,990

4 bed3 bath4 parking2,402 sqftBuilt 1989
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Property Details

Property & Lot

Sub-type
House
Lot size
16,553 square feet
Zoning
Residential

RS1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,647

Interior

Heating
Heat Pump, Forced air
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
BathroomLower level5'4 x 8'1
Family roomLower level20'9 x 14'1
BedroomLower level9'6 x 15'6
Laundry roomLower level10'7 x 19'9
Dining roomSecond level15'7 x 10'8
KitchenSecond level9'8 x 20'1
BathroomSecond level9'1 x 8'9
EnsuiteSecond level9'10 x 7'6
Primary BedroomSecond level17'0 x 15'5
BedroomSecond level9'11 x 8'9
BedroomSecond level9'11 x 11'11
EntranceMain level3'4 x 6'7
Living roomSecond level13'4 x 15'10

Listing Information

MLS®
1042802
Listed
July 9, 2026
Time on market
On the market for 53 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

Welcome to this updated family home in sought-after Upper Lantzville. Located on a quiet cul-de-sac, this property offers privacy, space, and convenience just minutes from schools, parks, shopping, and other amenities. The main level features a well-designed kitchen with built-ins, a coffee bar, and ample workspace, opening to the dining area and rear deck. The private outdoor space is ideal for entertaining, relaxing, or adding a hot tub. Hardwood flooring and quality cabinetry add warmth and character throughout the home. This level also offers three bedrooms, including a spacious primary suite with a walk-in closet and ensuite. The lower level provides excellent flexibility with a fourth bedroom, additional bathroom, family room, laundry area, and generous storage space. The garage has been configured as a workshop with extensive bench space and storage, making it ideal for hobbies, projects, or additional workspace. Set on a 0.38-acre lot, the property offers plenty of room for RV and boat parking while the mature landscaping includes pear, apple, cherry, and fig trees. Recent updates include a heat pump installation, fresh paint, flooring, kitchen counters, landscaping, and numerous additional improvements throughout the home. Well maintained and thoughtfully updated, this move-in-ready property offers an excellent opportunity to enjoy the space, privacy, and lifestyle that make Upper Lantzville such a desirable place to call home. Measurements are approximate and should be verified if fundamental. (id:63159)

Values & Trends

This listing

$333/sqft

Building average

No other active listings in this building

Upper Lantzville average

$575/sqft

13 active listing(s)

Parking: 4 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Nanaimo

Partly Cloudy

15°C

Partly Cloudy

Humidity 85%

Wind N 2 km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

3,817

(2021 Census)

+5.9% since 2016

Density: 137.9/km²

Dwellings: 1,568

Median household income: $99,000

After-tax: $87,000

Immigrant population: 12.7%

Top countries of origin (% of total population)

  • United Kingdom4.5% · 170
  • United States of America2.1% · 80
  • Germany1% · 40
  • Viet Nam0.5% · 20
  • Netherlands0.3% · 10
  • Poland0.3% · 10
  • Iran0.3% · 10
  • China0.3% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Seaview ElementaryElementary1.1 km
Aspengrove School(Independent)K-122.3 km
Pleasant Valley ElementaryElementary4.0 km
McGirr ElementaryElementary4.3 km
Dover Bay SecondaryElementary4.5 km
Randerson Ridge ElementaryElementary5.2 km
Rutherford ElementaryElementary5.3 km
Uplands Park ElementaryElementary6.7 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Parks (3)

  • Rotary Park · 6945 Peterson Road427 m
  • Copley Park · 7471 Andrea Crescent455 m
  • Stevens Park · 7101 Stevens Place745 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($54,999) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,992.00
Periodic payment — Principal & Interest (monthly)$4,129.01
Additional monthly expenses (strata, tax, utilities, etc.)$507.25
Total monthly cost$4,636.26
Interest paid over 5-yr term$183,423.55
Balance at end of term$575,674.87

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,999
Stress test qualifying rate8.09%
Payment you must qualify for$5,728.72

Cash Needed at Closing

Minimum down payment$54,999
Estimated BC PTT$14,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,499

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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